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These days, finding an affordable place to live in the Chokio area can be challenging. Home prices in Chokio are now at a median cost of $125,322, lower than the Minnesota average of $345,793.
The average cost of rent is $856/mo in Chokio, primarily driven by the current value of real estate in the Chokio area. In Chokio, 21.35% of households rent, and 49.01% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Chokio is $5,584 per month. Households that rent pay about 15.34% of their income on rent here. Chokio’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Johnson, MN: higher priced homes
- Alberta, MN: equally priced homes
- Graceville, MN: higher priced homes
- Donnelly, MN: higher priced homes
- Morris, MN: higher priced homes
- Dumont, MN: higher priced homes
- Clinton, MN: higher priced homes
- Herman, MN: higher priced homes
- Hancock, MN: higher priced homes
- Lagoona Beach, MN: higher priced homes
Cities with Similar Populations
- Put-in-Bay, OH: higher priced homes
- Buckhorn Crossroads, NC: higher priced homes
- Buffalo, IL: higher priced homes
- Bushville, NY: higher priced homes
- Butte La Rose, LA: higher priced homes
- Callaghan, VA: higher priced homes
- Cambridge, ME: higher priced homes
- Canaseraga, NY: less expensive homes
- White Lake, NY: higher priced homes
- Worth, MI: equally priced homes
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